TL breakout + retest - page 64
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LONG ucad @ break of horizontal green line
TP @ ADR
LONG uchf @ break of yellow TL
TP @ green TL
thanks a lot mp!
several months ago i found this thread, felt it really helpful and saved its link. but i didnt have the patience to read through, after encountered times of loss.
you are so kind to teach us how to fish. and you keep going although you feel lonely here. but actually you are not alone. i come here quite often and i believe a lot of people do. i didn't post my chart due to lack of confidence. but things are changing, and i feel much better using your break-retest method.
thank you so much!
here is my chart, a demo one. still watching.
It should be better if short @ break of green TL and take profit at red dotted TL
Juz an advice.
It should be better if short @ break of green TL and take profit at red dotted TL Juz an advice.
that's much better!
gold does meet resistance now.
i need more practice.
thanks!
Spot the right thing, but doesn't mean it grants u pips
Short @ break of neckline
TP @ projected TP
SL @ right shoulder high
At laz, Hit SL @ +1 instead of hitting projected TP
EG h1
Long @ break of TL.
Half closed @ ADR
Remaining hit SL @ +10
mph... just a question, do you purely trade based on chart patterns?
i'm curious if you do, since I tried to trade purely on chart patterns for several months but emotions got the better of me and in the end emptied my account. Won't you get emotionally engaged with the trading due to chart pattern drawing? Up till a point where instead of letting trade opportunities come to you by drawing correctly, you might actually draw something you "want to see" instead due to emotions taking over.
Any chance this type of thing happened to you before mph?
Long @ 1.6280
Closed half @ 1.6390
Remaining half run with SL +1 with target on UTL (green)
Then shall reverse position from the UTL
Miss out the short on daily red TL
But manage to catch the short on break of green TL
Short @ 1.5864
TP half @ 1.5800
TP remaining @ 1.5750